VOL. XL

No.24

16-June-1997

OPEC

OPEC's Production and Supply Data

The table below shows well-head production and supply figurescommunicated directly by member countries to the OPEC Secretariat for the months of March,April and May 1997 (figures in thousand b/d). Under OPEC rules, quota compliance isassessed on supply figures rather than well-head production. Supply, as defined by OPEC,is calculated as: domestic consumption, plus net export sales of crude oil and refinedproducts, plus...